Actavis completes $70.5B Allergan acquisition

Actavis has completed the acquisition of Allergan in a cash-and-equity transaction valued at approximately $70.5 billion. 

Advertisement

The combined company has annual pro forma revenues of more than $23 billion anticipated in 2015. Additionally, it intends to invest approximately $1.7 billion in research and development in 2015.

“The combination of Actavis and Allergan creates an exceptional global pharmaceutical company and a leader in a new industry model — Growth Pharma,” said Brent Saunders, CEO and president of Actavis.

More articles on GI/endoscopy:

AGA: Young investigators award deadline extended
4 new GI centers & partnerships
New HCV pills drive U.S. drug spending up 13.1%

An overlooked strategy to cut care delays & enhance outcomes

Recommended Live Webinar on May 16, 2025 12:00 PM - 1:00 PM CDT

Advertisement

Next Up in GI & Endoscopy

Advertisement

Comments are closed.